Silver X Mining (CVE:AGX) Director Jose Maria Garcia Jimenez Sells 55,000 Shares of Stock

Silver X Mining Corp. (CVE:AGX) Director Jose Maria Garcia Jimenez sold 55,000 shares of the company’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of C$0.93, for a total transaction of C$51,150.00. Following the transaction, the director owned 17,228,401 shares in the company, valued at C$16,022,412.93. The trade was a 0.32% decrease in their ownership of the stock.

Jose Maria Garcia Jimenez also recently made the following trade(s):

• On Friday, September 4th, Jose Maria Garcia Jimenez sold 65,000 shares of Silver X Mining stock. The stock was sold at an average price of C$0.92, for a total value of C$59,800.00.

Silver X Mining Stock Down 3.2%

CVE:AGX opened at C$0.91 on Wednesday. The company has a market cap of C$263.69 million, a price-to-earnings ratio of 91.00 and a beta of 2.94. Silver X Mining Corp. has a twelve month low of C$0.41 and a twelve month high of C$1.61. The company has a current ratio of 1.97, a quick ratio of 1.12 and a debt-to-equity ratio of 94.11. The stock has a fifty day simple moving average of C$0.78 and a 200-day simple moving average of C$0.79.

Analysts Set New Price Targets

AGX has been the topic of several research reports. Maxim Group raised shares of Silver X Mining to a “strong-buy” rating in a report on Tuesday, July 21st. Fundamental Research set a C$1.65 target price on Silver X Mining and gave the stock a “buy” rating in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat, the stock has an average rating of “Strong Buy” and an average target price of C$1.65.

Silver X Mining Company Profile

Silver X Mining Corp. engages in the exploration, acquisition, and development of mineral properties in the Americas. The company explores for silver, gold, lead, and zinc. It primarily holds interest in the Nueva Recuperada project located in Huancavelica, Peru. It also holds interest in the Coriorcco gold project located in Peru. The company was formerly known as Oro X Mining Corp. and changed its name to Silver X Mining Corp. in June 2021. Silver X Mining Corp. was incorporated in 2009 and is based in Vancouver, Canada.